333 Pecos Way, Las Vegas, NV 89121, Las Vegas, 89121 - 1 bed, 1 bath
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Las Vegas, NV 89121
Analysis of 333 Pecos Way, Las Vegas, NV 89121 is currently available with a list price of $140,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1971, this 54-year-old property is described as needing 'TLC' and maintenance, with interior clutter and a requirement for 'value-boosting upgrades.' The exterior displays dated 1970s architecture and security bars, and the property analysis explicitly mentions the need for additional capital for repairs, suggesting it requires substantial rehabilitation to meet modern living standards.
The property features a rare 2-car garage, a highly sought-after and uncommon asset for a one-bedroom unit at this price point.
The unit is sold subject to an existing lease through April 2026, providing the buyer with guaranteed, built-in income from the day of closing.
The interior requires some TLC and cosmetic updates, offering a perfect chance for an investor to build equity through strategic renovations.
The current lease is locked in at a reduced rent of $685 per month until 2026, which may limit the immediate return on investment compared to current market rates.
The property is noted to have interior clutter and requires maintenance, necessitating additional upfront effort and capital for repairs.
EXCELLENT INVESTMENT OPPORTUNITY IN A WELL-PLACED COMMUNITY! THIS 1ST-LEVEL UNIT OFFERS 1 BEDROOM, 1 BATH & A RARE 2-CAR GARAGE—A HARD-TO-FIND FEATURE AT THIS PRICE POINT. PROPERTY IS SOLD SUBJECT TO AN EXISTING LEASE THROUGH 4-30-26 AT A REDUCED RENT OF $685 PER MONTH, PROVIDING BUILT-IN INCOME FROM DAY ONE. 24-HOUR NOTICE REQUIRED FOR SHOWINGS. INTERIOR SHOWS SOME CLUTTER & COULD USE A BIT OF TLC, ALLOWING THE PERFECT CHANCE TO ADD PERSONAL TOUCHES OR VALUE-BOOSTING UPGRADES. COMMUNITY LOCATION IS IDEAL WITH EASY ACCESS TO SHOPPING, DINING, ENTERTAINMENT & FREEWAYS!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 4% |
| Baths | 1.0 | 2.0 | 3% |
| Square foot | 660 | 1,518 | 2% |
| Lot Size | 1,742 | 2,614 | 35% |
| Price | $140.0K | $265.0K | 23% |
| Price per sq ft | $212 | $180 | 80% |
| Built year | 1971 | 1975 | 27% |
| HOA | $150 | $178 | 34% |
| Days on market | 122 | 996 | 4% |
Dec 22, 2025
$140,000
Initial Listing